Mowi plans huge growth – along with major cost cuts

Presenting its Capital Markets Day in Trondelag , the world’s largest producer of Atlantic salmon has spelled out a strategy to cement its leading position in the industry in the coming years.

The Mowi group’s plan is to grow production volume by 100,000 tonnes as well as making cost “improvements” of €300m-€400m (£250m-£333m).

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Poison gas kills 10,000 salmon

Up to 10,000 salmon in northern Norway have reportedly been killed by poison gas.

The regional newspaper Lofotposten says the incident took place at Eidisholmen outside Stamsund. The fish had an average weight of around two kilos.

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New jellyfish fears in Norway

The jellyfish scourge which cost Norwegian salmon companies millions of krone last winter may be on the way back.

The Norwegian Institute of Marine Research, through its Jellysafe project, says there have been increased sightings of the “perlesnormanet” jellyfish – also known as string or barbed jellyfish – and estimated numbers are now running at the same level as last year.

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Changing choices

Shopper at fish counter

The legacy of the Covid-19 pandemic is just one of a number of factors shaping consumer demand for seafood, a new report from the Norwegian Seafood Council concludes. Vince McDonagh explains.

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